Cove Capital Investments, a Delaware statutory trust (DST) sponsor specializing in debt-free DST investment opportunities for accredited 1031 exchange and direct cash investors, has announced that its Cove Essential Net Lease Industrial 108 DST, a Regulation D, Rule 506(c) offering, has been fully subscribed after successfully raising $9.9 million in investor equity.
The debt-free offering industrial distribution asset is leased to a leading national logistics and distribution company and strategically located in Anchorage, Alaska, one of North America’s most important air cargo and logistics markets.
According to Dwight Kay, managing member and founding partner of Cove Capital Investments, the successful offering reflects continued investor demand for industrial real estate combined with Cove Capital’s debt-free investment philosophy.
Cove Essential Net Lease Industrial 108 DST consists of an approximately 30,554-square-foot industrial distribution asset lo
